What does 15.5% mean?

15.5% means 15.5 out of every 100.

Worked examples
15.5% of 100 = 15.50
15.5% of 250 = 38.75
15.5% of 1,000 = 155.00
Visual guide
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15.5% of a 100-part whole.

Where you might see this number

Percentages are used for discounts, tax rates, growth, interest, statistics, and exam marks.

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